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Interesting insights into income growth in India
Rediff.com

Interesting insights into income growth in India

Growth in incomes in the top most slabs have increased substantially compared to (a) previous two years and (b) lower income brackets Illustration: Uttam Ghosh/Rediff.com Sum of gross incomes of companies in the slab above Rs 1 crore shot up by 48 per cent - from Rs 7 lakh crore in 2013-14 to Rs 10.4 lakh crore in 2014-15, data on income tax returns for assessment  year 2015-16 (AY16) show.   In the same period, growth in the number of assessees in the top slab was 19 per cent. This ... Rediff.com, 3 weeks ago
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